Retirement plan

ANNUAL REVIEWS 403(B) DC PLAN

Name: ANNUAL REVIEWS - ANNUAL REVIEWS 403(B) DC PLAN (2024) Form 5500
Creator: ANNUAL REVIEWS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANNUAL REVIEWS 403(B) DC PLAN, ANNUAL REVIEWS

ANNUAL REVIEWSEIN 94-1156476Plan #001PY 2024

1875 S GRANT STREET, SUITE 700 - SAN MATEO, CA 94402650-493-4400annualreviews.orgLinkedIn51-200 employeespublishing

Other plans on this EIN

1 filing

#002Retirement--

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$53.4M

+13.4% from 2023

Total participants

151

-1.3% from 2023

Average account balance

$353,492

+14.9% from 2023

Annual return

14.25%

-5.12 pp from 2023

Benchmarks

See 3,229 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,229 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$53.38M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$353K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

151

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.25%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$51

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.2 years Service code 13 · EIN 23-1945930 P.O. BOX 2900 · VALLEY FORGE, PA 194822900	Contract Administrator	$7,645

Plan features & details

Pension benefit codes2E2F2G2K2L2M2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$8K

$84 / participant

Contract admin$8K100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FRANK, RIMERMAN & CO LLP
Auditor EIN: 941341042
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$353,492

$77,523+356.0%

$100,383+252.1%

$80,874+337.1%

Participation rate

100.0%

77.0%+23.0pp

81.5%+18.5pp

67.6%+32.4pp

Annual return

14.25%

37.21%-23.0pp

49.26%-35.0pp

35.62%-21.4pp

Employer contribution / active EE

$10,553

$2,801+276.7%

$3,944+167.6%

$2,756+283.0%

Participant deferral / active EE

$10,606

$6,822+55.5%

$8,086+31.2%

$4,297+146.8%

Admin fee / account holder

$51

$5,899-99.1%

$7,900-99.4%

$6,935-99.3%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2 years

Service code 13 · EIN 23-1945930

P.O. BOX 2900 · VALLEY FORGE, PA 194822900

Contract Administrator

$7,645

ANNUAL REVIEWS 403(B) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANNUAL REVIEWS 403(B) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion